Diamond Power Infrastructure Bags ₹263.25 Crore Order for MSEDCL Project in Maharashtra
Diamond Power Infrastructure Limited (DICABS) has received a purchase order worth approximately ₹263.25 crore, including GST, for the supply of power cables and conductors for an urban power infrastructure project of Maharashtra State Electricity Distribution Company Limited (MSEDCL).
The company disclosed the order in a stock exchange filing dated September 17, 2026.
The purchase order was placed by a domestic EPC contractor executing the MSEDCL project in the Bhandup region of Maharashtra.
Diamond Power Infrastructure Order Details
The order involves the supply of DICABS-manufactured medium-voltage (MV) and low-voltage (LV) XLPE underground power cables, overhead conductors and control cables.
The products will be manufactured according to MSEDCL specifications.
Key details of the order include:
- Order value: Approximately ₹263.25 crore, including GST
- End client: MSEDCL
- Order awarded by: Domestic EPC contractor
- Project: Urban power infrastructure in the Bhandup region, Maharashtra
- Products: MV & LV XLPE underground power cables, overhead conductors and control cables
- Nature: Supply order
- Manufacturing location: Vadadala, Vadodara, Gujarat
- Pricing: Variable, linked to aluminium, copper and currency movements
- Guarantee: 66 months from supply or 60 months from commissioning, whichever is earlier
Focus on Underground Power Cables
Medium-voltage XLPE underground cables are the core component of the order.
The company said underground cabling is important for urban distribution upgrades as utilities seek more reliable and space-efficient power networks in densely populated areas.
For Diamond Power Infrastructure, the order adds to its MV cable order book and expands its participation in urban power-distribution infrastructure projects.
Order Execution to Follow MSEDCL Approvals
The company said supplies will be made according to a delivery schedule that will be finalised after approval of the Guaranteed Technical Particulars (GTP) and drawings by MSEDCL.
The company has also stated that quantities are indicative and subject to site survey.
Therefore, the final order value may vary from the currently disclosed estimated amount.
Raw Material Price-Linked Pricing
The order will be priced on a variable basis linked to prevailing aluminium and copper prices and currency movements.
According to the company, this mechanism is in line with its practice of managing exposure to raw-material price volatility.
This is relevant because copper and aluminium are key inputs for power cables and conductors.
What Management Said
Diamond Power Infrastructure said the order from a major state utility’s urban infrastructure programme reflects its capabilities across medium-voltage cables, low-voltage cables and conductors.
The company also highlighted its backward-integrated aluminium rod mills and expanding MV cable capacity as part of its manufacturing capabilities.
Why the Order Matters for Investors
The ₹263.25 crore order is a significant business-development announcement for Diamond Power Infrastructure.
The project provides exposure to urban power-distribution infrastructure in Maharashtra, while the scope covers multiple products including underground cables, overhead conductors and control cables.
The order also adds to the company’s MV cable order book.
However, investors should note that the disclosed amount is inclusive of GST, and the company has stated that quantities are indicative and the final value is subject to site survey and price variation.
The company has not disclosed the expected profit margin or exact revenue-recognition schedule for this order in the announcement.
Diamond Power Infrastructure: Business Profile
Diamond Power Infrastructure operates under the DICABS brand and manufactures power cables across LV, MV, HV and EHV categories, along with overhead conductors.
The company stated that it has an installed capacity of 250,000 MT per annum at its Vadodara facility.
It is also backward integrated through its aluminium rod mills and captive wind power facilities and serves power utilities, transmission companies, renewable-energy developers, EPC contractors and industrial customers.
Key Points to Track
Investors tracking Diamond Power Infrastructure may watch:
- Execution of the ₹263.25 crore order
- Final delivery schedule after MSEDCL approvals
- Changes in order quantities following site survey
- Revenue contribution from the project
- MV cable capacity expansion
- Further orders from power utilities and EPC contractors
- Aluminium and copper price movements
- Overall order-book growth and margins
Diamond Power Infrastructure Gets ₹263.25 Crore MSEDCL-Linked Order
Diamond Power Infrastructure has secured an approximately ₹263.25 crore purchase order for supplying cables and conductors for an urban power infrastructure project in Maharashtra.
The project is being executed by a domestic EPC contractor for MSEDCL and covers MV and LV underground cables, overhead conductors and control cables.
The order adds to the company’s power-infrastructure business pipeline, although the final value and execution schedule remain subject to the conditions disclosed by the company.
Disclaimer: This article is based on information disclosed by Diamond Power Infrastructure Limited in its regulatory filing dated September 17, 2026. The article is for informational purposes only and should not be considered investment advice. Investors should review the company’s official disclosures and conduct their own research before making investment decisions.